Allianz Balance Sheet Health
Financial Health criteria checks 5/6
Allianz has a total shareholder equity of €58.8B and total debt of €29.0B, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are €998.4B and €939.5B respectively. Allianz's EBIT is €13.7B making its interest coverage ratio 67.7. It has cash and short-term investments of €125.9B.
Key information
49.4%
Debt to equity ratio
€29.03b
Debt
| Interest coverage ratio | 67.7x |
| Cash | €125.89b |
| Equity | €58.81b |
| Total liabilities | €939.54b |
| Total assets | €998.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALVE's short term assets (€184.7B) exceed its short term liabilities (€29.9B).
Long Term Liabilities: ALVE's short term assets (€184.7B) do not cover its long term liabilities (€909.6B).
Debt to Equity History and Analysis
Debt Level: ALVE has more cash than its total debt.
Reducing Debt: ALVE's debt to equity ratio has reduced from 55.8% to 49.4% over the past 5 years.
Debt Coverage: ALVE's debt is well covered by operating cash flow (87.4%).
Interest Coverage: ALVE's interest payments on its debt are well covered by EBIT (67.7x coverage).